TRAKX (TKX): ICO review, Token Details, Roadmap, Airdrop, and More!

Trakx.io is developing a platform to create, distribute and facilitate the trading of Crypto Trackers. Crypto Trackers, also called Coin Traded Indices (CTIs), are tokens which significantly reduce the complexity and fees associated with the setting of long and short positions on various cryptocurrency assets.

Users will be able to trade onto the platform, digital tokens that are positively or negatively correlated to the tracked underlying crypto assets. Trakx.io will progressively offer a comprehensive panel of CTIs which will include, non-exhaustively, inverse CTIs, levered CTIs, basket CTIs and stablecoins.

What is Crypto Trackers?
Crypto Trackers are ERC20 asset-backed tokens that change proportionally to the percentage change in their benchmark, multiplied by a potential leverage factor, for any given day. Thanks to daily reset, CTIs have a compounding effect, whereby losses and gains from each period affect the base from which the next period’s returns are calculated. Each Crypto Tracker will be its ERC20 token and can be stored on Ethereum wallets as well as traded on Trakx.io.

TRAKX is building the first Crypto Tracker solution
Crypto Trackers, also called Coin Traded Indices (CTIs), are tokens which significantly reduce the complexity and fees associated with the setting of long and short positions on various cryptocurrency assets. Users will be able to trade onto the platform digital tokens that are positively or negatively correlated to the tracked underlying crypto assets.

Trakx.io will extend the range of available cryptocurrency investing solutions through CTIs. CTIs will allow investors, ranging from retail to institutional, to replicate a combination of advanced investment strategies, with the aim to buy or short sell cryptocurrencies at a lower cost than the currently available solutions. Through CTIs, Trakx.io will also be the first platform to offer inverse trackers in the crypto investing realm.

Trakx.io will make investing in CTIs a seamless and straightforward experience:
if a trader is bullish or bearish on a particular cryptocurrency or basket of cryptocurrencies, she or he will buy the corresponding CTI. To unwind the position, she/he needs to sell the same CTI. CTIs tradable onto the platform will include, non-exhaustively, inverse trackers, levered trackers, basket trackers and stablecoins — those will be developed progressively.

Trakx.io believes that there is still significant value to be unlocked in the cryptocurrency markets. Through the rollout of essential innovations from the off-chain financial world, CTIs will make cryptocurrency investing (i) cheaper, (ii) more accessible, and (iii) available to a more significant number of investors (both retail and institutional).

Trakx.io exchange will only support the trading of Crypto Trackers through Trakx.io utility token (TKX) and some key cryptocurrencies. Soon after the ICO and the launch of the platform, Trakx.io will implement instant crypto to TKX conversion on its website, enabling non-TKX holders to purchase TKX to pursue transactions onto the platform. In a second phase, Trakx.io will implement an instant fiat to TKX conversion on its website, offering to noncrypto holders the possibility to transact on Trakx.io. Both services (crypto to TKX and fiat to TKX) will be provided via third-parties.

Trakx tokens (TKX) is an ERC20 token. TKX will be compatible with third-party services wallets, and exchanges. Incentives will be created for token holders such as discounts on Trakx services and a token burn program. Trakxio has released a well-detailed roadmap showcasing their upcoming developments and the achievements unlocked. The company is set to go live in Q1 2019 to the public after its much-awaited one-month token sale in Jan 2019.

Trakx Token — TKX Token Sale:
The Trakx symbolic sale is set to begin with the onset of the New Year 2019! TKX Token sale will last for one month starting from 1st Jan 2019 till 31st Jan. The final token sale price for TKX will be $ 0.1.

In order to expand the Trakx community globally, Trakx has recently rolled out an airdrop/bounty contest for becoming part of their community. See more details: $500,000 in TKX Tokens to Claim!

Airdrop & Bounty Contest
A contest system will conduct the Airdrop, allowing you to participate interactively and earn entries for every task that you successfully complete as part of the program.

Contest link: http://bit.ly/trakx_bounty

The contest ends on January 31, 2019 08:15 PM BST

$500,000 in TKX Tokens to Claim!
Welcome to the Trakx.io Bounty Programbit.ly
Every entry that you earn in this contest is equivalent to a stake in the specific bounty contest pool of tokens! The final amount of tokens will be determined based on the success of the public crowd sale, with more details available in the terms and conditions above.

Here are some of the easy tasks you can achieve to earn entries after entering the contest:
Follow Trakx on Facebook
Follow Trakx on Twitter
Follow Trakx on Linkedin
Join Trakx Telegram channel
Share your personal referral link

More tasks will be added progressively, make sure to keep checking the updates! Don’t miss this chance to grab some free TKX tokens.

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